Colorado Springs semiconductor facility set to receive $75 million from CHIPS Act to strengthen US supply chain

URLhttps://www.cpr.org/2024/07/08/colorado-springs-se
Sourcecpr.org
Date Published07/08/2024
Author NameDan Boyce

Additional Reshoring Information:

Company/Division name Entegris
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):600
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):600
City reshored to:Colorado Springs
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredFront-Opening-Unified Pods (FOUPs) for wafers
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$75 million
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